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    Post Task Correlationn and Regression

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    Ky Nah
    This document provides 3 problems to solve using Excel and present the solutions in a Word document. Problem 1 examines the relationship between age and price of used instruments and asks to determine the degree of relationship, identify the linear regression equation, and use the equation to predict prices after 6, 12, and 15 years. Problem 2 examines the relationship between cost of internet service and customer satisfaction, asks to compute the correlation coefficient and determine regression equations to predict satisfaction from cost and cost from satisfaction. Problem 3 examines the relationship between attendance rate at a hospital and distance from geographical areas and asks to compute the Pearson and Spearman correlation coefficients.

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    Post Task Correlationn and Regression

    Uploaded by

    Ky Nah
    16 views2 pages
    This document provides 3 problems to solve using Excel and present the solutions in a Word document. Problem 1 examines the relationship between age and price of used instruments and asks to determine the degree of relationship, identify the linear regression equation, and use the equation to predict prices after 6, 12, and 15 years. Problem 2 examines the relationship between cost of internet service and customer satisfaction, asks to compute the correlation coefficient and determine regression equations to predict satisfaction from cost and cost from satisfaction. Problem 3 examines the relationship between attendance rate at a hospital and distance from geographical areas and asks to compute the Pearson and Spearman correlation coefficients.

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    This document provides 3 problems to solve using Excel and present the solutions in a Word document. Problem 1 examines the relationship between age and price of used instruments and asks to determine the degree of relationship, identify the linear regression equation, and use the equation to predict prices after 6, 12, and 15 years. Problem 2 examines the relationship between cost of internet service and customer satisfaction, asks to compute the correlation coefficient and determine regression equations to predict satisfaction from cost and cost from satisfaction. Problem 3 examines the relationship between attendance rate at a hospital and distance from geographical areas and asks to compute the Pearson and Spearman correlation coefficients.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    16 views2 pages

    Post Task Correlationn and Regression

    Uploaded by

    Ky Nah
    This document provides 3 problems to solve using Excel and present the solutions in a Word document. Problem 1 examines the relationship between age and price of used instruments and asks to determine the degree of relationship, identify the linear regression equation, and use the equation to predict prices after 6, 12, and 15 years. Problem 2 examines the relationship between cost of internet service and customer satisfaction, asks to compute the correlation coefficient and determine regression equations to predict satisfaction from cost and cost from satisfaction. Problem 3 examines the relationship between attendance rate at a hospital and distance from geographical areas and asks to compute the Pearson and Spearman correlation coefficients.

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    of 2

    Instruction. Please use excel to answer the following problems.

    Present your
    solution and your answers in MS Word. (Copy the result of the excel in MS Word)

    1. You have to examine the relationship between the age and price for used instrument sold
    in the last year by a company.

    Here is the table of the data:

    Used Instrument (in Year) Price


    4 315
    4 290
    5 285
    5 225
    7 225
    7 210
    8 205
    9 155
    10 105
    4 300
    3 309

    a. Determine the degree of relationship between in instument’s age and the price.
    b. Identify the equation of linear regression.
    c. How much will a used instrument worth after 6 years? 12 years? 15 years?
    d. Explain the predicting capability of the equation.

    2. With the growth of internet service providers, a researcher decides to examine


    whether there is a correlation between cost of internet service per month (rounded to
    the nearest dollar) and degree of customer satisfaction (on a scale of 1 - 10 with a 1
    being not at all satisfied and a 10 being extremely satisfied). The researcher onl y includes
    programs with comparable types of services. A sample of the data is provided below.
    dollars satisfaction
    11 6
    18 8
    17 10
    15 4
    9 9
    5 6
    12 3
    19 5
    22 2
    25 10

    a. Compute the correlation coefficient.


    b. Determine the equation of regression if the level of satisfaction is being
    predicted.
    c. What satisfaction level would the customers achieved if they are paying $20?
    $8? $16?
    d. Determine the equation of regression if the cost is being predicted.
    e. How much would it cost to have a satisfaction level of 7?
    f. Explain the predicting capability of the equation.
    3. A study was carried out into the attendance rate at a hospital of people in 16
    different geographical areas, over a fixed period of time. The distance of the
    centre from the hospital of each area was measured in miles. The results were as
    follows:

    (1) 21%, 6.8; (2) 12%, 10.3; (3) 30%, 1.7; (4) 8%, 14.2; (5) 10%, 8.8; (6) 26%,
    5.8; (7) 42%, 2.1; (8) 31%, 3.3; (9) 21%, 4.3; (10) 15%, 9.0; (11) 19%, 3.2; (12)
    6%, 12.7; (13) 18%, 8.2; (14) 12%, 7.0; (15) 23%, 5.1; (16) 34%, 4.1.

    a. What is the correlation coefficient (Pearson Product Moment Correlation)


    between the attendance rate and mean distance of the geographical area?

    b. Find the Spearman rank correlation for the data given

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